Two former Zulily executives have landed more than $150 million to fuel Cap Hill Brands , which plans to buy profitable, "digitally native" eCommerce consumer brands.
According to a press release , Cap Hill raised the capital via a mix of debt (from Victory Park Capital ) and equity (from Maveron and Version One).
Cap Hill said it "combines the investment capital of a private equity firm with the deep operational experience of a startup accelerator."
While you're here, how about this:
Build-A-Bear Projects 90-100 Pct eCommerce Jump | PYMNTS.com
Build-A-Bear Workshop, Inc. anticipates that eCommerce demand for the fiscal 2020 fourth quarter will jump 90 percent to 100 percent in contrast to the fiscal 2019 fourth quarter, according to a Monday (Jan. 11) announcement .
Build-A-Bear also anticipates total revenues of between $88 million and $92 million, in contrast to $104.6 million in the fiscal 2019 fourth quarter. The firm said it experienced a "significant reduction" in store traffic in the nine weeks leading up to Jan. 2, 2021, as a result of local pandemic restrictions.
Local consumers are your next online customers | Practical Ecommerce
In normal years, January and February is the time to review the just-completed holiday sales and look for ways to improve. But not much is normal about the last three months. Instead, look ahead.
Covid-19 has changed the world. It will never entirely go back to the way it was. More people will work from home, order online, stay local, and travel less. These are opportunities for ecommerce companies.
The internet enables global reach — a huge potential customer base. But that huge potential has enticed many competitors. A growing number of online merchants compete for the same customers. Often the only difference is price, which creates the dual problem of rising marketing costs and lower profits.
Fintech Leader SellersFunding Closes on a $100 Million Global eCommerce Funding Program With
SellersFunding, innovators in financial solutions for eCommerce sellers, announced the closing of a momentous receivables funding program with European alternative asset manager Fasanara Capital.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20210112005189/en/
The multi-currency deal will allow for up to $100 million in funding across USD, GBP, EUR and CAN currencies to enhance SellersFunding's liquidity, as the U.S.-headquartered company continues to expand its services in North America, the United Kingdom, Canada and Continental Europe.
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E-commerce infrastructure startup Nacelle closes $18M Series A – TechCrunch
LA-based Nacelle is one of many e-commerce infrastructure startups to earn attention from investors amid COVID.
The web services company helps streamline the backends of e-commerce websites with a so-called “headless” platform that shifts how the front end of websites interact with content in the back end. The startup claims its tech can boost performance, promote better scalability, cut down on hosting costs and offer developers a more streamlined experience.
Four Wholesale Trends for 2021 - Affects of eCommerce
In 2021, analysts predict that the wholesale sector will learn from these challenges and increasingly focus on technologies that enable intelligent supply chain planning to give increased visibility into customer demand and supply.
Wholesalers may also face price increases for storage facilities as a result of the COVID-19 related boom in eCommerce which has increased the demand for industrial space used for storage.
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International Wholesale - Transition to Growth- Strategies, Portfolio of Services, Operational Considerations, and Case Studies
Buy Now Pay Later: Ecommerce Financing & Consumer Credit - Business Insider
Buy now, pay later (BNPL) solutions, which allow consumers to pay in interest-free installments, are continuing to grow in popularity as people seek alternative methods of financing—a trend exacerbated by the coronavirus pandemic. And with the swelling market comes heightened competition amongst financial services companies.
Below, Insider Intelligence breaks down how some of these companies stack up, and what business models they are adopting to find success within the shifting market.
Constellation Brands doubles hard seltzer capacity; increases ecommerce
The beer, wine and spirits giant - which is centered around brands such as Modelo Especial, Corona, Kim Crawford, Meiomi and The Prisoner – hopes to reap the results of being one of the early movers in Big Beer's push into hard seltzers, as well as the alcohol ecommerce sector.
This year it is doubling its hard seltzer capacity and launching a new product as it looks to grow its presence further in the category.
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